THIS MONTH IN DOPEX - MAY

THIS MONTH IN DOPEX - MAY

THIS MONTH IN DOPEX - MAY

This May hasn’t been the easiest of months as we saw a market-wide capitulation in both Cryptocurrencies and Stock market. However, here at Dopex, this did not deter us from building, developing and implementing our innovative products for everyone to enjoy.

Without further ado, here are the latest developments and updates in Dopex

1. New products, integrations and protocol upgrades

For this month, we released two new vaults: BTC SSOV3 and Interest Rate Vaults.

BTC SSOV3 

You can now take directional positions on BTC by writing or purchasing puts from our weekly BTC vault.

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Interest Rate Vaults

The long wait is now over, the interest rate vault is now live on beta.You can now bet or hedge against the MIM3CRV pool interest rate by writing or purchasing options from the vault

Strike prices for this month: 4%, 5%, 6% and 7%

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Note that there is a minimum of $1000 notional size per purchase

Ape safely, Dopefam

Interest rate retail:

Interest rate technical:

Intern Tz’s Interest rate novel:

IRO Strategies:Fixes Interest Rates:

Integrations

Coinbase Custody now supports deposits and withdrawals for $DPX.

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Protocol Upgrades:

Check out our new UI for our farms page!

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2. Diamond Pepe

Congratulations to the winners of the Diamond Pepe Challenge: donuts_itm and DeFi_Donuts. They will both be receiving Gen 2 Pepes from Tztok himself!

Visit their work:

Diamond Pepe Backstory contest: Winner: Donuts_itm

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Best Nu York picture/video

Winner: DeFi_Donuts

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We also regret to inform everyone that Gen 2 of Diamond Pepe is currently delayed until further notice

3. Community Analyst Token Series

This month we also released the community analyst series which are independent opinion and educational articles written by contributors. The articles include a short introduction on SSOV tokens and the possible strategies that users can employ to secure yield through the Dopex options platform.

Tokens covered: CRV, AVAX, BTC, rDPX

Special thanks to the following analysts: CryptoPlainview#6456, donuts_itm#5236, Frogdanoff#3971, DeFi-Kun B (💎, 🦐)#3632, PowWow#0719, BowTiedProngHorn#2776, TEAMxCOOL#8304, Sorea#6627

4. Dopex Essentials Dopex

We’re back with more explainers articles to guide you through everything you need to know to begin trading on Dopex.

This month, we released two articles that talk about Curve Finance and Convex Finance, and how they related to Dopex.

Lastly, but certainly not the least, is some ALPHA

veDPX will be going live in a few weeks!

In anticipation for the release of veDPX, the following changes in our liquidity mining program will occur on Tuesday, 14th June at 8pm UTC.

1. DPX single Side Farm will be permanently closed

[A snapshot will be taken at the time of close and all deposits and unclaimed rewards will be manually dispersed to users]

2. DPX-WETH and RDPX-WETH will be closed temporarily

[Deposits and reward claiming will be available but no more rewards will be accrued for users. Shortly after this new farms for both these LPs will open with revised rewards and duration]

About Dopex

Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner. Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.

📱Stay Connected

Follow our official social media accounts and visit our website to stay up to date with everything Dopex.

🚨IMPORTANT

Be careful of fake Telegram groups, Discord servers and Twitter accounts trying to impersonate Dopex.

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